#XRPETF

The XRP currency has seen significant developments in the cryptocurrency market with the upcoming launch of three exchange-traded funds (ETFs) for futures contracts by ProShares on April 30, 2025. These funds include the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which aim to provide investors with the opportunity to benefit from XRP price movements without the need to directly own the currency⁽¹⁾⁽²⁾.

This launch reflects an increasing acceptance of XRP as an asset class and is considered a step towards the potential approval of exchange-traded funds based on the spot price of XRP in the future. However, the approval of these funds heavily depends on the resolution of the legal case between Ripple and the U.S. Securities and Exchange Commission (SEC)⁽¹⁾⁽²⁾.